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241205825 designated a subsritute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower sha11 only report a change of address through that specified procedure. There may be only one designated notice address under this S�urity Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address statefl herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any norice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construcfion. This Security Instrument shall be governed by federallaw and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicidy or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a pmhibirion against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable I.aw, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and. include corresponding neuter words or words of the fe�inine gender; (b) words in the singulaz shall m�a and include the plural and vice versa; and (c) the worc� "may" giv� sole discretion without any obIigation to take any action. 17. Barrower's Capy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer o€ the Praperty or a Benefic'ra! lnterest in �orrower. As used in this �crion I8, "Interest ia the Property" means any legai ar t�eneficiai interest in the Property, iIIClurling, but not limited to, those beneficial interests traussferred in a bond for deed, cantract for deed, iII,stallment sates contract or escrow agrcement, the intent of which is the transfer of tifle by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficiai interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require i�ediate payment in full of ali suzns secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is groiu�ited by Applicable Law. If Lender exercises this option, T.ender shall give �orrower norice of acceleration. The norice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay a11 sums secured by this Securiry Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instniment without further norice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain condirions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b) such other period as Applicable Law might sp�ify for the ternunation of Borrower's right to reinstate; or (c) entry of a judgment enforcing this Securiry Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuarion fees, and other fees incurred for the purpose of protecting Lender's interest NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT VMP � Wolters Kluwer Financial Services Form 3028 1 /01 VMP6(NE) (1105) Page 12 of 17 �J u '� a i`' .